Colorado mortgage rates drop to 4.65%
GOOD NEWS for Colorado! Mortgage rates are holding, but for how long??? According to Zillow Mortgage Marketplace, 30-year fixed home mortgage rates in Colorado took a slide to a new recent low of 4.65% as of Tuesday. This is just down a tad from last week's average of 4.66%. Nationally, the average rate was 4.66% on 30-year fixed loans. Zillow says these rates are figured on borrower credit scores over 680 & a down payment of 20% or more. Winter is the BEST time for Denver Home Buyers to buy. Denver Home Sellers that leave their homes on the market are MOTIVATED! Sure it can be a hassle to look at homes when there's so much else to do during the Holidays, but it could be worth it, especially with rates SO LOW!!
Marianne Bandy
The Bandy Team - RE/MAX Professionals
Denver, Colorado
303-746-7799
www.DenverAvoidForeclosure.com
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